EnergyHighPartialAccelerating
8.6
Oil Surges Past $100 as Saudi Arabia Shuts Strategic Pipeline
ParkietLO·SA·2 days ago
An attack has forced the closure of Saudi Arabia's east-west oil pipeline, tightening global supply and pushing prices up. The duration of the outage is uncertain, with scarcity growing daily. This adds to multi-front pressure on the world's largest oil exporter, amplifying supply risks.